This bill amends the Industrial Access Road Fund provisions in West Virginia law, specifically sections 17-3A-1, 17-3A-2, and 17-3A-4. It raises the monetary limit for unmatched funds allocated to any one county in a fiscal year from $400,000 to $800,000 and increases the maximum amount of unmatched moneys that can be allocated from the fund to $300,000, which must be matched equally from other sources. Additionally, the bill clarifies that funds can be used for industrial access roads to sites that are either constructed, under firm contract, or approved as part of the West Virginia Business Ready Sites Program.

The bill also introduces a requirement for the Division of Highways to provide comments on the location of proposed industrial access roads within 90 days of submission. It specifies that the fund cannot be used for certain facilities such as schools and hospitals, and it restricts the use of funds to essential construction and engineering items necessary for traffic adequacy. Overall, the bill aims to enhance the effectiveness and clarity of the Industrial Access Road Fund to better support economic development in West Virginia.

Statutes affected:
Introduced Version: 17-3A-1, 17-3A-2, 17-3A-4